Saks Global provides financing of 400 million dollars, after announcing its bankruptcy.
Adrian Rusu
International
Foto: shutterstock.com/ro
Always see our news on Google
An American judge specialized in bankruptcies approved on Wednesday Saks Global's access to emergency funding, allowing the company to raise 400 million dollars in cash, despite opposition from Amazon.
The decision was made by Judge Alfredo Perez during a hearing held at the court in Houston.
Sources
Latest News
16:21
PNL denies the existence of an internal plan to suspend Nicușor Dan
16:11
Drugs worth over 350,000 lei and a grenade-like object found in the home of a man from Cahul
16:06
China bans drone ownership in Beijing starting November 15, citing the protection of the capital’s security
16:00
David Petraeus warns that the Republic of Moldova could be Vladimir Putin’s next target
15:56
King Charles III will bring together AI leaders for common rules on technology development
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
